Company type | Public |
---|---|
Nasdaq: ICLR | |
Industry | |
Founded | 1990Dublin, Ireland | in
Founders |
|
Key people | Steve Cutler (CEO) |
Products | Services for pharmaceutical, biotech and medical device industries |
Revenue | US$7.741 billion (2022) [1] |
Number of employees | 41,160 (2023) [1] |
Website | www.iconplc.com |
ICON plc is an Irish headquartered multinational healthcare intelligence and clinical research organisation that provides consulting, clinical development and commercialisation services for the pharmaceutical industry. [2] The company is listed on the Nasdaq stock exchange in the United States, and As of June 2023 [update] had approximately 41,160 employees in 108 locations spread across 53 countries. [1]
ICON was founded in Dublin, Ireland, by John Climax and Ronan Lambe in 1990. [3] Since January 2010, Climax has held a position on the board of directors. Lambe retired from the board of directors in 2018. [4]
Between 1991 and 1996, ICON opened offices in the United Kingdom, United States, Germany, and Japan. [5] Two years later, ICON shares started to be traded on Nasdaq. [6]
In 2013, PRA Health Sciences was acquired by KKR, which listed the company on the Nasdaq in November 2014 and maintained shares until September 2019. [7] In August 2017, the company acquired Conshohocken-based real-world healthcare data, analytics, and technology solutions company Symphony Health for US$530 million. [8] PRA's 2018 revenue was US$2.87 billion. [9] PRA was acquired by ICON on 1 July 2021. [10]
In March 2017, Steve Cutler was appointed Chief Executive Officer of ICON. [11] He had previously been with Quintiles South Africa, Sandoz AG, and Kendle Intl Inc, before joining ICON Clinical Research Services in 2011, and becoming Chief Operating Officer in 2014. [12]
In 2018, ICON won PharmaTimes Clinical Researcher of the Year. [13] ICON enjoyed success in multiple categories at the Clinical Research Organisation leadership awards, [14] consecutively from 2018 - 2023, determined by Life Science Leader magazine and Industry Standard Research (ISR). In 2021, ICON was awarded PharmaTimes Clinical Research Company of the Year, [15] and in 2022, won Best Contract Research Organisation (FSP) [16] at the Scrip Awards.
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Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters in Grand Rapids, Michigan, within Michigan State University's Grand Rapids Innovation Park.
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